LONDON, Jan. 25, 2018 (GLOBE NEWSWIRE) -- Drone Guarder, Inc. (OTCQB:DRNG)
DroneGuarder is pleased to announce the launch of our DG App on Google Play, we are enhancing the functionality for login and flight control including autonomously and controlled security sweeps. We will be adding this functionality over the next few weeks please visit our app download page on Google Play DroneGuarder
DG has secured new funding that enables us to fund both DG Rescue and DG Intruder product developments through to commercial release, we envisage DG Rescue being released in April 2018. In addition to this funding we have identified and are working on a private equity investor taking a substantial stake in the company with a long term view as an investor and being our big funder partner, the investment should be at least $1m dollars, this with stand DG in a very good position financially for the short and long term with a very exciting future. We believe once both our products are launched DG will sell 5000 to 10000 drone units in the first year, we have our channels to market already in place, utilizing Swellpro’s reseller network, driving traffic to both DG and Swellpro ecom websites and partnering with all of the security companies we have relationships with here in the UK and Europe and expanding this into the USA, which is a very significant network of companies and potential clients. Swellpro last year sold approx. 6000 drones.
DG will also be launching its own affiliate program as we move towards product release, this will give our partners the ability to sell all of our products/services and achieve a very healthy GM which will be the industries best commission split. We will also allow our large affiliate partners to white label our drone products
Adam Taylor (CEO of DG) says “ We are very excited that we have secured our financial future through to the production and commercial release of our products, I want to assure all of our investors we are working diligently every day to create and manufacture our ground-breaking drone technology that will change the use of drones forever”
About Drone Guarder Inc
DroneGuarder is an early stage security and surveillance company focusing on commercializing a drone enhanced home security system as a turnkey solution. The solution is app-based and includes a drone, infrared camera, and Android mobile app component: Once an alarm has been triggered, the DroneGuarder™ will immediately take off from a wireless charging pad.
Please visit www.droneguarder.com to learn about the company, management and products.
This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to our growth strategy and product development programs and any other statements that are not historical facts. Forward-looking statements are based on management's current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from those currently anticipated are: risks related to our growth strategy; risks relating to the results of research and development activities; our ability to obtain, perform under and maintain financing and strategic agreements and relationships; uncertainties relating to preclinical and clinical testing; our dependence on third-party suppliers; our ability to attract, integrate, and retain key personnel; the early stage of products under development; our need for substantial additional funds; government regulation; patent and intellectual property matters; competition; as well as other risks described in our SEC filings. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law.
Contact: Adam Taylor, CEO
Phone number: + 44 203 319 5059
Address: Drone Guarder, Inc.
86-90 Paul Street
London EC2A 4NE